Mach's Favorites: Strong, Growing and Cheap

Investment Philosophy

Michael Mach, who runs the Eaton Vance Large-Cap Value Fund, likes to keep things simple: He looks for companies that have strong franchises, attractive growth prospects and discount valuations. If a stock drops 10% to 15% below where he bought it, Mach will sell it. "Nine out of ten times, if we want to come back into a name, we can do that at the same price or a lower price," Mach observes. That approach has helped the fund outperform its peers. Last year,...